Industry News
Sound Transit Defers Ballard Light Rail Indefinitely as $35 Billion Shortfall Reshapes ST3 Buildout
Sound Transit's board has adopted a sweeping realignment of its voter-approved 2016 expansion plan, protecting the Everett-to-Tacoma spine while indefinitely deferring the Ballard...
KG Investment Properties Completes 705,680 SQFT Building B at Sumner’s Pacific NW Logistics Center
KG Investment Properties has completed the larger of two speculative warehouses at its 82-acre Pacific NW Logistics Center in Sumner, handing Colliers more...
Goldman Sachs Teams With Apex, Archax on Blockchain-Native Fund Targeting European Residential Real Estate
Goldman Sachs has joined forces with fund servicing giant Apex Group, digital securities exchange Archax, London-based investment manager LRC Group and interoperability provider...
American Capital Group Advances Redesigned Nine-Story, 222-Unit Apartment Plan on Bellevue’s Greenbaum Site Near Mercer Slough
American Capital Group has resubmitted a reworked apartment proposal for the Greenbaum Home Furnishings property in Bellevue's Wilburton area, trading an earlier 248-unit...
Seattle Light Rail Tops U.S. Ridership in April as East Link Opening Reshapes Eastside Development Map
Sound Transit's light rail network carried more riders in April than any other light rail system in the country, a record run that...
Groundbreaking Commences on Portland Public Schools’ $470MM Cleveland High Rebuild
Portland Public Schools has started demolition and construction on an all-new, all-electric Cleveland High School in Southeast Portland, a project carrying a price...
Lennar Trims Buyer Incentives for First Time in Three Years as Tech Job Jitters, Data Center Boom Reshape Northwest Housing Math
Lennar's second-quarter results showed sales incentives falling for the first time in three years, a tentative sign of margin recovery that arrives as...
Timberlane Partners Files Permits for 133-Unit, Seven-Story Apartment Project on Fremont’s Stone Way Corridor
Timberlane Partners has moved its long-planned Fremont redevelopment off the drawing board, filing demolition and construction permits to clear three century-old rental buildings...
Goldman Sachs Strategist Warns Drained Oil Inventories Will Keep Prices Elevated Long After Hormuz Reopens
A sharp drawdown in global oil inventories has left the market without its usual shock absorber, and Goldman Sachs strategist Ephraim Sutherland says...
23,700 SQFT Hillsboro Medical Office Leased to Tuality Healthcare Comes to Market at $10.3MM
A 23,654 square foot medical office building in Hillsboro, Oregon leased on a single-tenant triple-net basis to Tuality Healthcare — the community health...
HASCO Breaks Ground on $46.7MM, 124-Unit Leonard Crossing Affordable Housing Complex in Marysville
HASCO broke ground on Leonard Crossing, a $46.7MM, 124-unit affordable housing complex in fast-growing Marysville.
Port of Subs Targets Washington Growth, Hunting 1,500-to-2,500-SQFT Retail Sites Across Puget Sound
Port of Subs, the 54-year-old Reno-born sandwich chain now backed by private equity and chasing a national footprint, has put Washington squarely in...
